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Blue Ridge Q1 net income $0.8M, down 81% QoQ; declares $0.60 special dividend
Net income of $0.8M ($0.01 EPS) vs $4.2M ($0.04) in Q4 2025; adjusted EPS $0.02 excluding $1.3M exec transition costs.
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Blue Ridge Bankshares declares $0.60 special dividend, amends warrants
Special cash dividend of $0.60 per share, payable April 27, 2026 to holders of record April 13, 2026.
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Blue Ridge Bankshares CEO Billy Beale retires; Harry Golliday appointed Interim CEO
G. William Beale stepped down as President and CEO effective March 6, 2026, under a Retirement Agreement.
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Blue Ridge Bankshares reports Q4 net income $4.2M ($0.04 EPS); FY net income $10.7M; OCC consent order terminated
Q4 2025 net income $4.2M ($0.04 diluted EPS) vs Q4 2024 loss of $2.0M (-$0.03); FY net income $10.7M ($0.11) vs FY loss $15.4M.
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OCC terminates January 2024 consent order against Blue Ridge Bank, effective Nov 13, 2025
OCC terminated the Consent Order against Blue Ridge Bank effective November 13, 2025.
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Blue Ridge Bankshares declares $0.25 special cash dividend payable Nov 21
Special cash dividend of $0.25 per share declared on common stock.
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Blue Ridge Q3 net income $5.6M ($0.06 EPS), highest since 2022; NIM expands to 3.60%
Net income of $5.6M ($0.06 diluted EPS) vs $1.3M in Q2 2025 and $0.9M in Q3 2024; year-to-date net income $6.5M.
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Blue Ridge Bankshares reports Q2 net income of $1.3M, turns profitable
Net income of $1.3M ($0.01 EPS) vs net loss of $0.4M in Q1 and $11.4M loss in Q2 2024.
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Blue Ridge Bankshares narrows Q1 net loss to $0.4M; cost cuts and NIM improvement highlight progress
Net loss of $0.4M ($0.01 diluted EPS) vs $2.0M loss in Q4 2024; net interest margin improved to 2.90% from 2.80%.
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Blue Ridge Bankshares Q4 net loss $2.0M; exits 45 fintech BaaS partnerships
Net loss of $2.0M ($0.03/sh) vs net income of $0.9M ($0.01/sh) in Q3 2024.
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Blue Ridge Bankshares issues 10.9M common shares to Castle Creek in preferred exchange
Issued 10,928,000 common shares to Castle Creek for 2,732 Series C Preferred shares on November 7.
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Blue Ridge Bankshares Q3 net income $0.9M; fintech BaaS exit ahead of schedule
Net income of $0.9M ($0.01/diluted share) vs. loss of $11.4M in Q2 2024 and loss of $41.4M in Q3 2023.
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Blue Ridge Bankshares EVP & Commercial Banking Executive C. Douglass Riddle to depart Sep 9
C. Douglass Riddle, EVP and Commercial Banking Executive, separated employment effective September 9, 2024.
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Blue Ridge Bankshares posts Q2 net loss of $11.4M; completes $161.6M capital raise
Net loss of $11.4M ($0.47 diluted EPS) vs. loss of $2.9M in Q1 2024; includes $6.7M after-tax fintech investment write-down.
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Blue Ridge Bankshares converts all Series B Preferred to 50.2M common shares
All 12,558 Series B preferred shares automatically converted into 50,232,000 common shares on June 28, 2024.
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Blue Ridge Bankshares raises $11.6M in private placement with insider Spurzem
On June 13, 2024, closed a private placement with shareholder Richard T. Spurzem for gross proceeds of ~$11.6M.
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Blue Ridge Bankshares posts Q1 net loss of $2.9M; closes $150M capital raise post-quarter
Net loss of $2.9M ($0.15/diluted share) vs loss of $5.8M in Q4 2023 and net income of $4.0M in Q1 2023.
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Blue Ridge Bankshares raises $150M via common/preferred stock and warrants; appoints three directors
Gross proceeds $150M from 3.4M common shares at $2.50, 14,150 preferred shares at $10,000 each, and warrants.
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Blue Ridge Bankshares closes $150M private placement after shareholder vote issue
Closed $150M private placement of 3.4M common shares at $2.50, convertible preferred, and warrants.
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Blue Ridge Bankshares Q4 net loss $5.8M; OCC consent order, $150M capital raise
Net loss of $5.8M ($0.30 diluted EPS) vs net loss of $41.4M ($2.18 EPS) in Q3 2023.
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Blue Ridge Bank enters OCC consent order; must maintain 10% leverage, halt new fintech without OCC okay
OCC consent order replaces Aug 2022 agreement; bank neither admits nor denies BSA/AML violations and unsafe practices.
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Blue Ridge Bankshares to raise $150M via 60M shares and warrants at $2.50 per share
Gross proceeds of $150M from 60M shares and ~29.4M warrants at $2.50 each; warrants exercisable for 5 years.
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Blue Ridge Bankshares suspends common stock dividend indefinitely to preserve capital
Board declared no Q4 2023 cash dividend and suspended all future quarterly dividends until further notice.
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Blue Ridge Bankshares restates 2022 and Q1-Q2 2023 financials due to loan classification errors
Restatement lowers 2022 net income by $10.6M to $17.0M; EPS cut from $1.46 to $0.90.
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Blue Ridge Q3 net loss $41.4M ($2.18/sh); goodwill impairment $26.8M, suspends dividend
Net loss from continuing ops of $41.4M includes $26.8M non-cash goodwill impairment and $6.0M ESOP litigation reserve.
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Blue Ridge Bankshares posts Q2 net loss of $19.5M, cites $58.1M in problem loans
Net loss from continuing ops of $19.5M ($1.03 diluted EPS) vs net income of $1.6M in Q1 2023.
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Blue Ridge Bankshares CEO Brian Plum resigns; G. William Beale appointed as replacement effective July 12
Brian K. Plum resigned as President, CEO, and director effective July 12, 2023; no reason stated.
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Blue Ridge Bankshares suspends Q3 2023 common dividend to preserve capital
Board decided to forego declaration and payment of Q3 2023 cash dividend on common stock.